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BM European Value Retail (LON:BME) target price raised to 485.00GBX, reported today by Peel Hunt

Yesterday BM European Value Retail (LON:BME) traded -0.83% lower at 382.50GBX. The company’s 50-day moving average is 378.08GBX and its 200-day moving average is 354.83GBX. The last stock close price is up 11.04% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,036,942 shares of the stock were exchanged, down from an average trading volume of 3,198,910

BM European Value Retail (LON:BME) had its target price raised to 485.00GBX by Peel Hunt in a report released 11/14/2017. The new target price indicates a possible upside of 0.27% based on the company's last stock close price.

Previously on 11/2/2017, Jefferies International reported about BM European Value Retail (LON:BME) raised the target price from 415.00GBX to 470.00GBX. At the time, this indicated a possible upside of 0.16%.

See Chart Below

BM European Value Retail (LON:BME)

BM European Value Retail has a 52 week low of 218.40GBX and a 52 week high of 400.56GBX with a P/E ratio of 27.55 The company’s market cap is currently 0 GBX.

A total of 16 equity analysts have released a research note on BME. Seven equity analysts rating the company a strong buy, five equity analysts rating the company a buy, two equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 311.88GBX.

Brief Synopsis About BM European Value Retail (LON:BME)

B&M European Value Retail S.A. is a United Kingdom-based holding company of the Group. The Company is engaged in variety retailing in the United Kingdom and Germany. It operates in two segments: the UK retail segment, including grocery retailers and general merchandise retailers, and the German retail segment. It sells a range of grocery and fast moving consumer goods (FMCG) products in its B&M stores. Its FMCG products include do it yourself and decorating goods, household goods, food, confectionery, soft drinks, alcohol, and toiletries and seasonal goods. It sells non-grocery products under various categories, such as housewares, electrical, gardening, toys and pet care. Its grocery products are ambient food, drink and confectionery lines. It also operates under categories, such as sports and leisure, home and living, everyday essentials, stationery, clothing and footwear, gifts, baby and winter fuel. Its brands include Duracell, Kellogg's, Coca-Cola and Nestle, among others.

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